According to two newly released price indexes, home values rose again in May. The Federal Housing Finance Agency’s House Price Index found a 0.4 percent increase from April. And though the improvement was slight, it market two-consecutive months of gains following 10 straight months of decline. Also, the FNC Residential Price Index showed home prices continuing a notable upward trend, climbing 0.8 percent in May. In a press release, FNC said the single-family housing market continues to show signs of price stabilization in line with rising activities in new housing starts and building permits.
